News

31 Jul 2015

May GDP Another Troubling Sign for Canadian Economy

Posted by: Dr. Sherry Cooper

Chief Economist, Dominion Lending Centres

The Canadian economy contracted in May by 0.2 percent, the fifth consecutive monthly decline. Here we go again. Another in a long list of serial disappointments for the Canadian economy. What is particularly troubling about this one is that the main culprit for the decline in May GDP was manufacturing, a sector that was supposed Read More

31 Jul 2015

7 Questions To Ask Yourself Before Building a Home

Posted by: Michael Hallett

Dominion Lending Centres - Accredited Mortgage Professional

Building your dream home can sound really exciting, but have you thought about everything that goes into building a new home? Here are 7 Questions you should ask yourself before making any concrete plans. 1. What are my expectations with this new home? Are you looking for a custom home build where you are responsible Read More

30 Jul 2015

Are You Ready for Home Ownership?

Posted by: Pam Pikkert

Dominion Lending Centres - Accredited Mortgage Professional

Around the end of May 2014, the market started to experience a declining trend in mortgage rates. Though the housing market was already superb, professionals in the industry began gearing up for an influx in home buying. Their predictions were correct and we’ve seen more and more houses of higher value being sold since that Read More

29 Jul 2015

Fed Leaves Options Open–Dovish Statement

Posted by: Dr. Sherry Cooper

Chief Economist, Dominion Lending Centres

No one expected the Fed to raise its benchmark short-term interest rate today for the first time since 2006. The Fed’s policy statement was, however, expected to at least hint at a rate hike at the next meeting in September. Fed Chair Janet Yellen has publicly stated she expects to raise rates this year–with three more meetings Read More

29 Jul 2015

Why You Need To Shop Around For Your Mortgage

Posted by: Joe Cutura

Dominion Lending Centres - Accredited Mortgage Professional

I have many friends that shop online and go to dozens of different sites in order to save a few bucks on books, TVs, appliances, etc. Is this a good idea? It definitely is if the savings are worth it and you don’t mind taking the time out of your busy day to do all Read More

28 Jul 2015

Common Pitfalls in Purchasing Strata Properties

Posted by: Kris Grasty

Dominion Lending Centres - Accredited Mortgage Professional

Looking to purchase a Condo in a Strata? During my time as a Mortgage Broker,  I have helped Buyers side step a few pitfalls. Most of these are really easy to avoid and come down to simply doing your own due diligence prior to and during the shopping process. #1 – Work With Your Own Realtor! The first Read More

27 Jul 2015

24 Jul 2015

23 Jul 2015

Pros and Cons of Collateral Mortgages

Posted by: Brian Mill

Dominion Lending Centres - Accredited Mortgage Professional

During the past couple of years the term “collateral mortgage” has gained a bit of a negative reputation, especially since TV shows like CBC’s Marketplace have taken notice. Marketplace felt it was worth doing a segment about collateral mortgages because the lenders offering this product were not disclosing the downside of this type of mortgage. Read More

22 Jul 2015

Are You Covered For a Sharknado?

Posted by: Dustan Woodhouse

Dominion Lending Centres - Accredited Mortgage Professional

As we prepare for the torrential rains, epic winds, and yet another round of ravenous, thrashing sharks falling from the sky (as in tonight’s debut of Sharknado 3: Oh Hell No!), there is one question to ask yourself: Am I insured for this? No doubt your home insurance will cover replacing a roof damaged by Read More

  • Residential Mortgages

    The purchase of a home is the largest purchase most people make during their lifetime. At Dominion Lending Centres, we want to make each and every purchaser aware of the many mortgage options available to them prior to their purchase and closing date.
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  • Commercial Mortgages

    Dominion Lending Centres Commercial has established excellent relationships in the lending community with pension funds, banks, credit unions, life insurance companies, trust companies, private institutions and individual investors.
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